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Category: KIA Cars, Van and SUV’s

Sanasa Development Bank brought you a special 7 Years leasing option for your hybrid and electric vehicles with a better leasing values.

If you thought of buying Hybrid vehicles you can pay down payment of 30% and Balance 70% will source by Sanasa Development Bank Leasing and if you consider Electric Vehicle Pay 10% of the value as down payment and balance 90% could be source by Sanasa Development Bank Leasing.

SDB Leasing is a leasing facility for vehicles, equipment and machinery. SDB Leasing is an efficient, friendly service offering flexibility and competitive rates.

Features and Benefits

Efficient and trouble-free service

Minimum documents required

Flexible repayment choices with reasonable rates

Packages to suit individual customer requirements

Attractive discounts on premature settlements of facilities

Facilities to purchase machinery / equipment to grow your business

Island wide branch network

Eligibility

Sri Lankan citizens over 18 years of age who have the repayment capacity and meets the SDB credit criteria.

Kia announces that the Kia Picanto 2018 models Ex-stocks available for sale at a special price of Rs. 2,990,000/- upwards with 5 Years or 150,000 Km Warranty.

New Picanto with Auto – Good to Go

The New Kia Picanto with Auto is good to go with Bluetooth® & iPod® connectivity2, Rear Parking Sensors and 7-Year Warranty as standard. With one model-grade to keep things simple, the New Picanto with Auto features everything you need including 5-star ANCAP safety rating.

Good to Go With 5-star ANCAP Safety

The New Picanto with Auto is both convenient and safe. There’s a 5-star ANCAP rating for safety, 5-doors to make carrying passengers easy.

Good to Go With Convenience

Perfect for inner-city streets, its design has been tailored to tighter, smaller environments. Compact bumpers specifically reduce its overall size, meaning you can navigate around the city with ease.

Kia announces that the Kia Picanto 2018 models available for sale at a special price of Rs. 2,990,000/- upwards with 5 Years or 150,000 Km Warranty.

New Picanto with Auto – Good to Go

The New Kia Picanto with Auto is good to go with Bluetooth® & iPod® connectivity2, Rear Parking Sensors and 7-Year Warranty as standard. With one model-grade to keep things simple, the New Picanto with Auto features everything you need including 5-star ANCAP safety rating.

Good to Go With 5-star ANCAP Safety

The New Picanto with Auto is both convenient and safe. There’s a 5-star ANCAP rating for safety, 5-doors to make carrying passengers easy.

Good to Go With Convenience

Perfect for inner-city streets, its design has been tailored to tighter, smaller environments. Compact bumpers specifically reduce its overall size, meaning you can navigate around the city with ease.

Kia announces that the Kia Picanto 2017 models available for sale at a special price of Rs. 2,400,000/- upwards (Rs. 165,000 reduced as post budget reduction) with 5 Years or 150,000 Km Warranty.

New Picanto with Auto – Good to Go

The New Kia Picanto with Auto is good to go with Bluetooth® & iPod® connectivity2, Rear Parking Sensors and 7-Year Warranty as standard. With one model-grade to keep things simple, the New Picanto with Auto features everything you need including 5-star ANCAP safety rating.

Good to Go With 5-star ANCAP Safety

The New Picanto with Auto is both convenient and safe. There’s a 5-star ANCAP rating for safety, 5-doors to make carrying passengers easy.

Good to Go With Convenience

Perfect for inner-city streets, its design has been tailored to tighter, smaller environments. Compact bumpers specifically reduce its overall size, meaning you can navigate around the city with ease.

Kia announces that the Kia Picanto 2016 models available for sale at a special price of Rs. 2,400,000/- upwards (Rs. 165,000 reduced as post budget reduction) with 5 Years or 150,000 Km Warranty.

New Picanto with Auto – Good to Go

The New Kia Picanto with Auto is good to go with Bluetooth® & iPod® connectivity2, Rear Parking Sensors and 7-Year Warranty as standard. With one model-grade to keep things simple, the New Picanto with Auto features everything you need including 5-star ANCAP safety rating.

Good to Go With 5-star ANCAP Safety

The New Picanto with Auto is both convenient and safe. There’s a 5-star ANCAP rating for safety, 5-doors to make carrying passengers easy.

Good to Go With Convenience

Perfect for inner-city streets, its design has been tailored to tighter, smaller environments. Compact bumpers specifically reduce its overall size, meaning you can navigate around the city with ease.

Drive your KIA Picanto for Rs. 2,990,000/- from Ex-Stock, the offer valid only for limited period. For more details of specification and features see below,

Introducing the all new Picanto. Sporty, stylish and modern, the Picanto is the small car with the big attitude! But that not all. The Kia Picanto is big on other essentials too, with advanced features, eco-friendly technology, and the now legendary Picanto individuality; it is an ideal car to drive on the narrow and busy streets of Sri Lanka. With its distinctive shape, wide rear stance and chic personality, the Picanto defines style as you go.

Power Plus Economy.

The Picanto offers just the correct blend of power and economy to ensure an optimum driving experience. The engines meet or exceed every existing emissions standard making it safe for the environment as well.

Drive your KIA Picanto for Rs. 2,750,000/- from Ex-Stock, the offer valid only for limited period. For more details of specification and features see below,

Introducing the all new Picanto. Sporty, stylish and modern, the Picanto is the small car with the big attitude! But that not all. The Kia Picanto is big on other essentials too, with advanced features, eco-friendly technology, and the now legendary Picanto individuality; it is an ideal car to drive on the narrow and busy streets of Sri Lanka. With its distinctive shape, wide rear stance and chic personality, the Picanto defines style as you go.

Power Plus Economy.

The Picanto offers just the correct blend of power and economy to ensure an optimum driving experience. The engines meet or exceed every existing emissions standard making it safe for the environment as well.

Kia Motors Lanka Limited announces a special prices for Kia Picanto for the ex-stocks and the new order as Rs. 2,750,000/- upwards.

Introducing the all new Picanto. Sporty, stylish and modern, the Picanto is the small car with the big attitude! But that not all. The Kia Picanto is big on other essentials too, with advanced features, eco-friendly technology, and the now legendary Picanto individuality; it is an ideal car to drive on the narrow and busy streets of Sri Lanka. With its distinctive shape, wide rear stance and chic personality, the Picanto defines style as you go.

Power Plus Economy.

The Picanto offers just the correct blend of power and economy to ensure an optimum driving experience. The engines meet or exceed every existing emissions standard making it safe for the environment as well.

Available Colour

Bright Silver

Alice Blue

Signal Red

Titanium Silver

Honey Bee

Milky Beige

Clear White

Galaxy Black

For more details about the specification and availability please Click Here or contact to Kia Motors onn 011 234 2725

Kia Picanto Now available in Sri Lanka; Price starts from Rs. 2,750,000-

Kia announces that the Kia Picanto 2016 models available for sale at a special price of Rs. 2,570,000/- upwards with 5 Years or 150,000 Km Warranty.

New Picanto with Auto – Good to Go

The New Kia Picanto with Auto is good to go with Bluetooth® & iPod® connectivity2, Rear Parking Sensors and 7-Year Warranty as standard. With one model-grade to keep things simple, the New Picanto with Auto features everything you need including 5-star ANCAP safety rating.

Good to Go With 5-star ANCAP Safety

The New Picanto with Auto is both convenient and safe. There’s a 5-star ANCAP rating for safety, 5-doors to make carrying passengers easy.

Good to Go With Convenience

Perfect for inner-city streets, its design has been tailored to tighter, smaller environments. Compact bumpers specifically reduce its overall size, meaning you can navigate around the city with ease.

As expected the new government budget for 2016 introduce new valuation system for imported vehicles, this valuation lead to increase prices of imported vehicles by Rs. 200,000 up to Rs. 2.5 million.

The new valuation system was introduced recently taking full option manufacturers price as the tax base and the Finance Minister Ravi Karunanayake said in budget proposal that this is to further strengthen this process of collecting the payable taxes said that the unit rate of excise duty for the vehicles on the basis of cubic centimeters and duties on the percentage basis on certain vehicles would be revised.

Meanwhile, 2016 budget has reduced excise duty to 2.5 percent for the vehicles which are run entirely on Solar, Hydrogen or Helium.

And the Vehicle Entitlement Certificate for each vehicle was also introduced and therefore motor cycle and three wheeler is unchange, Rs.15,000 for a motor car and Rs.10,000 per vehicle for all other vehicles would have to pay as fee

The Government has provided conditional relief to individuals who had opened Letters of Credit to import hybrid vehicles before the interim budget. Financial Ministry officials said they would not be charged new taxes until March 16.

The decision to provide relief to the individual importers of hybrid vehicles came after a series of discussions with the Finance Ministry. The relief will apply to those who have ordered hybrid vehicles below 2,500cc engine capacity.

Accordingly, individual importers will not be able to transfer the vehicle for four years from the date of registration. The vehicle should be registered under the importer’s name.

In the interim budget presented to parliament on January 29, those importing hybrid vehicles were required to pay additional taxes of more than Rs 600,000.

The move drew protests from individual vehicle importers and car sale owners. However, no relief has been provided to car dealers.

Lanka Orix Finance announces a special leasing on Islamic banking leasing options for Brand New Hybrid Electronic Car. The offer is valid for all Hybrid cars available in Sri Lanka from the range of Cars and SUVs and crossover.

Lanka Orix Finance features

Reliable & efficient in-house valuation service

Minimum documentation

Fast & efficient service delivery

Integrated insurance facility (Takaful)

Island-wide branch network

For more details contact to Lanka Orix Finance on 0115 500 786 or see below image

As news stated the Customs Director General Jagath Wijeweera inform the customs department is deciding on the value of brand new vehicles instead of accepting the declaration by the importers.

This has decisions has make in the detail investigation on vehicles importers undervalued the vehicle valuation while imports, its including few leading companies too.

This approach has reduced tax incomes to the government which is a considerable amount in total. Therefore the customs has set up valuation committee to determine the value of the vehicle and thereby impose the valuation tax.

The New taxation systems are expected to lead to a vehicle prices increase between Rs. 400,000.00 to Rs. 500,000.00. But this system will help government to raise their tax revenue to the government.

It is expect to be applies for those who imported and yet to clear them.

Factors to Consider before and after implement this New Tax System – Personal Opinion

Before implement this new tax scheme

Makesure it is not to impact to the law budget vehicles which are mostly purchases for the self-businesses or small businesses like three wheels, Small cars for Budget taxi and motor bikes.

Understand the weakness and wholes in old tax systems and make alerts to income tax department or customs to be aware of those lopes whole.

Consider the cost of living index and increase accordingly, rather increase just because of maximise revenue

Take actions against those who violate and get penalties for their wrongful behaviour

After implementation this new tax scheme

Makesure its not harms to low income or middle income class who dreams to buy a small cars or basic model of vehicles

Rectifies all the lopes whole and avoid any fraud to comes in future

Educate importers and customs about the new vehicle import tax system and avoid any under pricing in future

Be tight with rules and regulations and need to take actions against those to violating this new impose tax systems.

Srilanka Customs Announced that the 3 Years restrictions on the transfer of Duty Free Vehicle permits for Public Servants have been removed from Today (16th November 2012). This will be valid for the Permit Issued earlier as well.
Source: Ada Deerana